Industrial

Owning or leasing industrial space in New Jersey means you’re within one day’s drive of one-third of the nation’s population. That means the state continues to be a hotbed of warehouse and logistics activity.

Industrial
Events business takes 18,000 sq. ft. in Hackensack, NAI Hanson says

A production company for events and conferences has leased 18,000 square feet at a Hackensack industrial building, brokers with NAI James E. Hanson said Tuesday.

Industrial
Jersey City warehouses sell for $24 million, slated for film studio space

A buyer has paid nearly $24 million for two Jersey City warehouses, brokerage firm Grid Real Estate said, noting that the company now plans to use the buildings for film studio space.

Professional Services
SIOR NJ showcases largest 2019 deals at recent awards ceremony

The Society of Industrial and Office Realtors’ New Jersey chapter hosted its annual largest deal awards on Feb. 27, highlighting some of the Garden State’s top transactions of 2019.

Industrial
NAI Hanson inks sale of 16,000 sq. ft. flex industrial building in Elmwood Park

A longtime owner in Elmwood Park has sold a 16,000-square-foot flex industrial building in the borough, under a newly announced transaction by NAI James E. Hanson.

People
Investment sales broker rejoins Colliers’ New Jersey team

An investment sales broker has rejoined Colliers International, where he will focus on business development and transactions throughout New Jersey and the tristate region.

Deals
Furniture rental business takes 16,500 sq. ft. in Wyckoff, NAI Hanson says

The Stro Cos. has brought a Wyckoff industrial building to full occupancy after recently completing a 16,500-square-foot lease, brokers with NAI James E. Hanson said Tuesday.

Industrial
New Jersey slated for third-largest expansion of industrial space this year, report says

With modern logistics space still in short supply across the country, northern New Jersey will be among the top three markets this year to expand its stock of industrial buildings.

Events
IOREBA postpones Developer Night to late April

IOREBA has tentatively rescheduled its popular Developer Night event to April 27.

Industrial
NAI Hanson: Industrial tenants lease 87,000 sq. ft. in South Hackensack

The owner of a South Hackensack industrial building has inked three leases for a total of nearly 87,000 square feet, brokers with NAI James E. Hanson announced Tuesday.

Industrial
Seagis completes new leases in Linden, Carteret, BRC says

Three tenants have combined to lease more than 30,000 square feet of industrial space in Linden and Carteret, taking space at buildings owned by Seagis Property Group.